Larry Ellison’s $1 Billion Tesla Bet Is Paying Off After a Wild Ride
(Bloomberg) -- Larry Ellison’s faith in Tesla Inc. and his friend Elon Musk is being rewarded.The Oracle Corp. chairman bought 3 million shares of the electric-vehicle maker before joining Tesla’s board in December 2018. The stake -- worth $1 billion at the time -- is now worth more than $1.6 billion